Authorities in Iran issued a license to the mining company iMiner, to mine the country’s cryptocurrencies. The Ministry of Industry, Mine and Trade of Iran has granted iMiner the clear mandate to operate several as 6,000 mining rigs. The mining activity is the biggest in Iran, and it will be in the Semnan region of […]
Thanks to the transparency of blockchain technology, the overall sentiment of investors towards a crypto asset can be easily determined and monitored. By analyzing the actions of Bitcoin whales (large Bitcoin holders), one can deduce possible future bullish or bearish price movement. Santiment, a behavioral analytics company, claims that large Bitcoin whales are plotting to […]
The long-awaited Bitcoin halving is set to happen in the next 6 days and the whole industry is on edge to see how this event could impact the price of BTC in the short-term. There are several arguments on whether or not the event will influence the short-term price of Bitcoin. In the long-term, however, […]
The Federal Reserve Bank of America has announced that it is committing to printing more money in the coming weeks. The information was delivered last week by the Fed Chair, Jerome Powell, in a statement explaining the rut the Covid-19 pandemic has placed the United States’ economy. He added that the second quarter data will […]
Gavin Andresen has been an individual and legend within the Bitcoin (BTC) ecosystem after the Bitcoin products were founded in 2010. Andresen became proclaimed by Satoshi Nakamoto as Bitcoin’s Lead Developer, and in 2012 launched the Bitcoin Foundation. Publicly Traded Firms Undue Dominance The COVID-19 global epidemic had severely impacted small firms, triggering the worst […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish The bulls have made a second appearance above the $9,000 resistance. Presently, buyers are still struggling to take possessions of price above the resistance. An upward move is likely but there is resistance at $9,200. BTC will […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On April 30, BTC reached a high of $9,500 but began to retrace after the coin was overbought. Price retraced to $8,500 and continued fluctuation between $8,500 and $9,500. On April 29, the bulls were attempting to […]
Bitcoin prices have been going through the roof recently, increasing further nearly 15 percent in approximately 24 hours and putting the world’s most popular digital currency towards the $9,000-level. At this level, as seen on Coinmarketcap, the digital asset had hit its highest level since early March and increased more than 15 percent over around […]
Millions and millions of dollars per year can be concealed in risk-free earnings on the Bitcoin markets, experts say. The Bitcoin market has expanded exponentially in the decade or thereabouts as it invented the crypto-currency. And while that development has not come in conjunction with market efficiency which, based on the latest studies recently released […]
